Archive | Small Business Tips

Although tax day has come and gone, small businesses increasingly may face a follow-up by Uncle Sam, according to a new report by the Transactional Records Access Clearinghouse at Syracuse University. Since 2005, the IRS has cut back the number of hours spent auditing large corporations with more than $250 million in assets by 33 … Read More »

The late comedian Rodney Dangerfield’s signature line, “I don’t get no respect,” always garnered a few good chuckles. As a leader, however, if you find yourself in this same predicament, it’s no laughing matter, wrote Michael Feuer, co-founder of OfficeMax, in his column for SmartBusiness. Most executives usually try to do the right thing. They … Read More »

At the end of last year, the interest rate on Susan Moriarity’s Visa business card from Chase was about 13 percent. A bit high, she thought, but her law firm in Santa Barbara, Calif., was busy. Then, in January, when business slowed, Moriarity began to carry a balance — and her interest rate climbed to … Read More »

WASHINGTON – House members clashed Friday over whether Congress should use $30 billion from a bank bailout program to help small banks assist small businesses or allocate it to the Small Business Administration to make loans, MarketWatch reported. Arguing that small businesses continue to face major challenges obtaining credit, Herbert Allison, assistant Treasury Secretary for … Read More »